BioFuel Energy (GRBK) Upgraded to Hold by BidaskClub

BioFuel Energy (NASDAQ:GRBK) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Friday.

Separately, JMP Securities upgraded shares of BioFuel Energy from a “market perform” rating to an “outperform” rating and set a $13.00 price objective on the stock in a research note on Tuesday, February 20th.

Shares of BioFuel Energy opened at $11.55 on Friday, MarketBeat reports. The stock has a market capitalization of $549.94 million, a PE ratio of 10.43 and a beta of 1.58. BioFuel Energy has a 1 year low of $10.90 and a 1 year high of $11.00.

BioFuel Energy (NASDAQ:GRBK) last issued its earnings results on Monday, March 12th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $136.38 million during the quarter. BioFuel Energy had a net margin of 4.13% and a return on equity of 12.00%.

In other BioFuel Energy news, Director John R. Farris acquired 25,000 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The shares were purchased at an average price of $10.13 per share, for a total transaction of $253,250.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 52.00% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MetLife Investment Advisors LLC acquired a new stake in BioFuel Energy during the fourth quarter worth about $152,000. Metropolitan Life Insurance Co. NY acquired a new stake in BioFuel Energy during the fourth quarter worth about $105,000. Stone Ridge Asset Management LLC acquired a new stake in BioFuel Energy during the fourth quarter worth about $169,000. Ariel Investments LLC raised its stake in BioFuel Energy by 15.3% during the fourth quarter. Ariel Investments LLC now owns 964,341 shares of the financial services provider’s stock worth $10,897,000 after acquiring an additional 127,793 shares during the period. Finally, Ranger Investment Management L.P. raised its stake in BioFuel Energy by 7.0% during the fourth quarter. Ranger Investment Management L.P. now owns 271,530 shares of the financial services provider’s stock worth $3,068,000 after acquiring an additional 17,750 shares during the period. Hedge funds and other institutional investors own 81.34% of the company’s stock.

BioFuel Energy Company Profile

Green Brick Partners, Inc operates as a homebuilding and land development company in the United States. It operates in Builder Operations and Land Development segments. The company is involved in the land acquisition and development, entitlements, design, construction, marketing, and sale of townhomes, single family, and luxury homes in residential neighborhoods and master planned communities; development and sale of lots for public and large private builders; and land and construction financing business.

Receive News & Ratings for BioFuel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BioFuel Energy and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit